Sealmatic India IPO vs Viaz Tyres IPO

Comparison between Sealmatic India IPO and Viaz Tyres IPO.

IPO Details

Sealmatic India IPO is a SME Fixed Price IPO proposed to list at BSE SME while Viaz Tyres IPO is a SME Fixed Price proposed to list at NSE SME.

	Sealmatic India IPO	Viaz Tyres IPO
Logo
Issue Category	SME	SME
Issue Type	IPO	IPO
Process Type	Bookbuilding	Fixed Price
Listing At	BSE SME	NSE SME
Lead Managers	ISK Advisors Pvt.Ltd.	Beeline Capital Advisors Pvt.Ltd.
Registrar	Kfin Technologies Ltd.	MUFG Intime India Pvt.Ltd.
Market Maker	Sunflower Broking Pvt.Ltd.	Sunflower Broking Pvt.Ltd.
DRHP	DRHP	DRHP
RHP	RHP	RHP
Anchor Investor	Anchor Investor
IPO Allotment URL	IPO Allotment URL	IPO Allotment URL

Issue Size and Price

The total issue size of Sealmatic India IPO is up to ₹53.41 Cr whereas the issue size of the Viaz Tyres IPO is up to ₹19.00 Cr. The final issue price of Sealmatic India IPO is ₹225.00 per share and of Viaz Tyres IPO is ₹62.00 per share.

	Sealmatic India IPO	Viaz Tyres IPO
Face Value	₹10 per share	₹10 per share
Issue Price (Lower)	₹220.00 per share
Issue Price (Upper)	₹225.00 per share
Issue Price (Final)	₹225.00 per share	₹62.00 per share
Discount (Retail)	₹0.00 per share	₹0.00 per share
Discount (Employee)
Market Lot Size	600 shares	2000 shares
Fresh Issue Size	17,24,000 shares	30,64,000 shares
Fresh Issue Size (Amount)	up to ₹38.79 Cr	up to ₹19.00 Cr
OFS Issue Size	6,49,600 shares	0 shares
OFS Issue Size (Amount)	up to ₹14.62 Cr	up to ₹0.00 Cr
Issue Size Total	23,73,600 shares	30,64,000 shares
Issue Size Total (Amount)	up to ₹53.41 Cr	up to ₹19.00 Cr

IPO Timetable

Sealmatic India IPO opens on Feb 17, 2023, while Viaz Tyres IPO opens on Feb 16, 2023. The closing date of Sealmatic India IPO and Viaz Tyres IPO is Feb 21, 2023, and Feb 21, 2023, respectively.

	Sealmatic India IPO	Viaz Tyres IPO
Anchor Bid Date	Feb 16, 2023
Issue Open	Feb 17, 2023	Feb 16, 2023
Issue Close	Feb 21, 2023	Feb 21, 2023
Basis Of Allotment (Tentative)	Feb 24, 2023	Feb 24, 2023
Initiation of Refunds (Tentative)	Feb 27, 2023	Feb 27, 2023
Credit of Share (Tentative)	Feb 28, 2023	Feb 28, 2023
Listing date (Tentative)	Mar 01, 2023	Mar 01, 2023
Anchor Lockin End date 1	Mar 26, 2023
Anchor Lockin End date 2	May 25, 2023

Financials & KPIs

Sealmatic India IPO P/E ratio is 18.75, as compared to Viaz Tyres IPO P/E ratio of 24.9.

Sealmatic India IPO

Viaz Tyres IPO

Financials

Sealmatic India Limited Financial Information (Restated Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2,325.06	3,358.88	494.14	1,524.67	1,504.67	278.30
31-Mar-21	2,975.94	3,548.18	649.76	2,174.43	2,154.43	272.62
31-Mar-22	3,947.36	4,276.80	841.46	3,015.89	2,995.89	93.56
30-Sep-22	5,108.52	2,582.12	543.45	3,550.15	2,830.15	224.39
Amount in ₹ Lakhs

Viaz Tyres Limited Financial Information (Standalone)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	2,429.97	1,994.37	14.51	432.93	1,895.94
31-Mar-21	2,713.32	2,917.26	60.64	493.56	2,047.89
31-Mar-22	2,898.38	2,933.04	146.91	640.47	1,996.09
30-Sep-22	3,405.87	2,379.10	152.72	1,098.19	2,003.36
Amount in ₹ Lakhs

Promoter Shareholding (Pre-Issue)

100.00

99.2

Promoter Shareholding (Post-Issue)

72.38

73.07

P/E Ratio

18.75

24.9

Market Cap

₹203.63 Cr.

₹75.96 Cr.

ROE

ROCE

Debt/Equity

EPS

RoNW

Shares Offered

In the Sealmatic India IPO Retail Individual Investors (RII) are offered 9,97,200 shares while in Viaz Tyres IPO retail investors are offered 9,97,200 shares. Qualified Institutional Buyers (QIB) are offered 3,79,800 shares in Sealmatic India IPO and in Viaz Tyres IPO.

	Sealmatic India IPO	Viaz Tyres IPO
Anchor Investor Reserveration	5,69,400 shares
Market Maker Reserveration	1,26,000 shares	1,62,000 shares
QIB	3,79,800 shares
NII	4,27,200 shares	15,32,000 shares
RII	9,97,200 shares	15,32,000 shares
Employee
Others
Total	23,73,600 shares	30,64,000 shares

Bids Received (Subscription)

Sealmatic India IPO subscribed 16.61x in total, whereas Viaz Tyres IPO subscribed 5.79x.

	Sealmatic India IPO	Viaz Tyres IPO
QIB (times)	8.71x
NII (times)	30.22x	5.33x
Big NII (times)
Small NII (times)
RII (times)	12.06x	6.25x
Employee (times)
Other (times)
Total (times)	16.61x	5.79x

Compare with others

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